Massage & Day Spa
Location:
United States
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California
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Southern California - Los Angeles Area
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Santa Monica
Industry: Health and Medical > Health Clubs and Spas
Business Summary
This well-established Santa Monica Area massage and day spa business for sale is an established earner that has provided its loyal client base with first class services for decades. This business provides a working owner (though this one is not a therapist or esthetician) the opportunity to pull in a significant income while assisting others in experiencing all of the positive holistic benefits of massage therapy and skin care. Regardless of whether or not the working owner is a technician, they will still be able to appreciate the positive impact that the services have on their stable client base, while learning a highly successful and scaleable business model.
The facility, which includes 9 treatment rooms, offers clients a full locker room with showers, steam room and complete vanity. Employees and technicians are offered a lovely break room and office area. The facility also includes a washer and dryer. Asking Price $795,000.
This 3,300 plus square foot facility leases for $10,400 per month including common area maintenance charges. The facility is on a five year lease that covers until 2012, with options to be determined. The facility offers patrons, employees and technicians a parking lot (both covered and uncovered), as well as convenient freeway access. All of the equipment in this first class facility is owned and will be paid off in the sale.
While there are a number of massage studios and day spas between Santa Monica and Beverly Hills that clients may choose from, this facility has an unbelievable employee and technician tenure rate, and tremendously loyal client following that has caused it to be the stable cash cow that it is. This seller’s unique business model ensures a maximum amount of cash flow with a minimum amount of turnover.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$705,000
Cash Flow:
$317,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $35,000
Seller Financing: No
About The Business
Year Established: 1988
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Health and Medical > Health Clubs and Spas business for sale.
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Print Listing Id: 700106947
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